Difference between revisions of "Cities of the Philippines"

:THE peso returned to the P52:$1 level on Friday, recovering to a week high due to profit taking.

:It opened at P53.15 against the greenback and dropped to as low as P53.21 per dollar before rebounding to a P52.86:$1 finish,, up 24 centavos and its highest since a P52.62:$1 close on Thursday last week ........... [https://www.manilatimes.net/peso-strengthens-returns-to-p521-2/486309/<font size=4 color=green>Full Story»</font>]

*'''Fitch keeps PH’s investment grade credit rating'''

*Friday, December 21, 2018 5:20 am

:Debt watcher Fitch Ratings yesterday said it had maintained the Philippines’ investment grade credit rating of ‘BBB’ with a “stable” outlook even as the economy was facing risk of overheating.

:In a statement, Fitch said its ratings on the Philippine economy “balance favorable growth prospects, lower government debt and a net external creditor position against lower per capita income levels, weaker business environment and lower standards of governance compared with its rating category peers.” ........... [https://businessmirror.com.ph/phl-ranking-in-b2c-e-commerce-index-jumps-four-notches-in-2018/<font size=4 color=green>Full Story»</font>]